NBS/BTC (Bearish Triangle Formation?)
💎Technical Analysis Summary💎
BINANCE: NBSBTC
-NBS is likely forming a descending triangle formation
-This pattern can be a continuation of the dominant trend
-So playing this market needs to wait for breakout direction
-For if the pattern breaks above the trendline resistance
-Entering on momentum or waiting for a pullback is the strategy
-While if the key support breaks down
-Going on to the sell-side if the ideal position
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
BINANCE: NBSBTC
-NBS is likely forming a descending triangle formation
-This pattern can be a continuation of the dominant trend
-So playing this market needs to wait for breakout direction
-For if the pattern breaks above the trendline resistance
-Entering on momentum or waiting for a pullback is the strategy
-While if the key support breaks down
-Going on to the sell-side if the ideal position
A big Thanks for donating 💰 via Tradingview coins this week to ahancock 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.